If GDP for Palau a small country near southeast of the Philippines is $130 million in 2012 and its population is 20,000 GDP per capita is ?
Correct answer: A. 6500
- A. 6500
- B. 130
- C. 0.0065
- D. 650
Explanation
GDP per capita is total GDP divided by population: $130,000,000 ÷ 20,000 = $6,500. The other figures result from failing to convert GDP from millions or from reversing the division.
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